Fitch: Pension Impact Adjusted in U.S. Public Finance Criteria.
Special Assessment Techniques for Transformative Community Improvements.
MSRB Seeks Additional Comment on Requirements for Obtaining CUSIP Numbers.
MSRB Adds Exception in Revised Proposal Requiring CUSIPs for Private Placements.
BDA Submits Comments to Department of the Treasury and the Internal Revenue Service on Recommendations for the 2017-2018 Priority Guidance Plan.
Federal Infrastructure Tax Credit Legislation Makes Key Changes from 2015 Proposal.
The Tavern, LLC v. Town of Alpine – Supreme Court of Wyoming holds that campground owners sufficiently alleged that, in constructing and financing (loans, rather than bonds) new sewer system, town exceeded its constitutional and statutory authority, as required to state a claim for injunctive relief.
Better Government Association v. Illinois High School Association – Supreme Court of Illinois holds – as a matter of first impression – that voluntary association of public and private high schools was not “subsidiary body” of governmental unit under Freedom of Information Act (FOIA), and thus was not subject to FOIA’s disclosure requirement.
And finally, Can Someone Please, Please Explain This? is brought to us this week by Ada County Highway District v. Brooke View, Inc.,, a seemingly garden-variety eminent domain case. Highway District offers subdivision $7,738.47 as just compensation for a 1,425 square foot section of property to complete a sidewalk and drainage project. Subdivision declines. Highway District condemns, subdivision sues over valuation. Court awards $148,390.21, plus prejudgment interest and attorney fees. So far, so good. But, but, but (insert spluttering noises of your choosing). Prejudgment interest = $48,792.66. Non-discretionary costs = $44,051.46. Discretionary costs = $365,703.63. Attorney’s fees = $744,243.56! So the county is rung up to the tune of $1.35 million for utilizing 1,425 sq. ft. of land for a public works project? How is this possible? Is this normal? Can I assume that this is how it’s done in China? Why haven’t they come for us with pitchforks and torches?

Bond Case Briefs